UWM Reports 55% Jump in Q2 Net Income to $215M as Interest Rates Rise

Aug 9, 2022, 11:26 AM by dBusiness

UWM Holdings Corp., the publicly traded indirect parent of Pontiac’s United Wholesale Mortgage, today announced its financial results for the second quarter (Q2) of 2022, which showed a drop in loan origination volume from $59.2 billion in Q2 2021 to $29.9 billion as interest rates rise.

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